House For Sale
£99,000
Glandwr Hotel,, Ystrad Road ,, Ystrad,, Rhondda Cynon Taff
Description
* FORMER PUBLIC HOUSE
* FULL PLANNING FOR NINE APARTMENTS
* MIXTURE OF 1, 2 AND 3 BEDROOMED APARTMENTS
* FULL RENOVATION PROJECT
* PLANS AVILABLE FOR VIEWING UPON REQUEST
* PLEASE REFER TO THE REMARKS SECTION FOR DETAILS ON RENTS ACHIEVABLE
* FREEHOLD PROPERTY
Situated in a convenient main road position is this substantial former Hotel premises which has full planning permission for 9 apartments.
The property has undergone some preparatory works and now offers an excellent development opportunity.
The plans have been prepared for two, three bedroomed apartments which would provide a rent of approximately £450.00 per apartment, two, 1 bedroomed apartments which would achieve a rent of £350.00 per apartment, and five two bedroomed apartments which would achieve a rent of £400.00 per apartment. This would provide an annual income based on full occupancy of £43,200 per annum.
Plans are available for viewing at our office and an early inspection is highly recommended.